solution

Typically, contracting
parties reach mutual assent using a combination of

O A. an invitation to negotiate and an
acceptance

O B. an offer and promissory estoppel

O C. an invitation to negotiate and an offer

O D. an offer and an
acceptance

Which of the following provides that the
acceptance of an offer is generally effective upon dispatch of the acceptance
when sent in a commercially reasonable manner, and not when the acceptance is
received by the offeror? O A. The mailbox rule

O B. The promissory
estoppel doctrine

OC. The mirror image rule

O D. The commercial
dispatch rule

Which of the following is the legal rule used
by courts to protect parties who may lack the ability to understand the terms
of an agreement?

O A. Capacity

OB. Unilateral mistake

O C. Consideration

O D. Promissory estoppel

 
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